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LEO $10.26 (-0.42%)

ADA $0.25 (+0.07%)

BCH $459.65 (+0.37%)

XMR $370.25 (-0.90%)

LINK $9.34 (-0.24%)

ZEC $353.47 (+9.24%)

CC $0.15 (+2.07%)

XLM $0.17 (-2.86%)

M $4.36 (-0.95%)

LTC $56.37 (+0.90%)

AVAX $9.41 (+0.10%)

HBAR $0.09 (-0.34%)

PayPal Hints At Plans For Native Stablecoin

• Published 4 years ago on January 11, 2022 •

Mark Weaden

PayPal’s General Manager of Blockchain, Crypto, and Digital Currencies, Jose Fernandez da Ponte, it was revealed that the company is “researching a stablecoin”

PayPal payment platform began offering a crypto trading service for major currencies back in 2020. In a recent discussion with Bloomberg and PayPal’s General Manager of Blockchain, Crypto, and Digital Currencies, Jose Fernandez da Ponte, it was revealed that the company is “researching a stablecoin.”

Fernandez went on to say that they would “work closely with appropriate regulators” as they decide whether to move forward with a native stablecoin in the future.

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Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.

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